Capital Transfer Tax

Part of Budget Resolutions and Economic Situation – in the House of Commons at 12:00 am on 12th November 1974.

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Photo of Mr Daniel Jones Mr Daniel Jones , Burnley 12:00 am, 12th November 1974

It is only fair that the hon. Gentleman should recognise that publicly-owned industries have been commanded to keep prices down. That is the explanation. I do not deny the hon. Gentleman's figures.